Singapore REITS - My Stocks Investing

Singapore REIT Bubble Charts: Price/NAV vs Distribution Yield vs Gearing Ratio

Post author:Marubozu
Post published:August 8, 2015

Bubble chart derived from Aug 2 Singapore REITs Fundamental Comparison Table.

These Bubble Charts are used to show the “relative” position compare to other Singapore REITs.

Two visual bubble charts to pick and avoid:

Undervalue Singapore REITs with High Distribution Yield (Value Pick)
Overvalue Singapore REITs with High Gearing Ratio (Risk Avoidance)

The Singapore REIT Bubble charts are best used to visually Short List Singapore REIT only.

Disclaimer: This is NOT a Buy or Sell Recommendation. Investors are advised to speak to the Authorized brokers for any investing decision. The Author does not guarantee the accuracy of the data and presentation.

See last Singapore REIT Bubble Charts here to see the relative movement.

To understand how to conduct Fundamental Analysis and Trend Analysis of Singapore REIT, check out the Singapore REIT Investing Class here.

Singapore REIT Fundamental Analysis Comparison Table – 2 August 2015

Post author:Marubozu
Post published:August 2, 2015

FTSE ST Real Estate Investment Trusts (FTSE ST REIT Index) decreases from 781.09 to 752.6 (-3.65%) compare to last post on Singapore REIT Fundamental Comparison Table on July 1, 2015. The index has broken down from the 200D SMA support and it is a confirmed down trend. Immediate resistance at 770. Expect more down side in coming months.

Learn how to conduct Trend Analysis here.

Price/NAV decreases from 1.03 to 1.00. (Singapore REIT in at fair value now)
Distribution Yield increases from 6.61% to 6.84% (take note that this is lagging number)
Gearing Ratio reduces from 34.08% to 34.02%.
Most overvalue is Ascendas iTrust (Price/NAV = 1.46) followed by Parkway Life (Price/NAV = 1.45).
Most undervalue is OUE Commercial Trust (Price/NAV = 0.64), followed by Fortune REIT (Price/NAV = 0.67).
Higher Distribution Yield is VIVA Industrial Trust (9.45%) followed by iREIT Global (9.07%). Note: High Distribution Yield does not mean it is safe REIT for investment. Don’t invest purely base on the Yield % because it is wrong thing to do without knowing the reasons.
Highest Gearing Ratio is Croesus Retail Trust (50.4%) followed by Keppel REIT (42.6%)

Grab an insight of the REIT class here 3 Tips To Increasing Returns On REITs Investments

Check out the very pragmatic and educational public seminar here “Investing in Singapore REIT“.

Singapore Interest Rate increase from 0.39% to 1.01% (a huge spike in one month!).
1 month increases from 0.69688% to 0.75916%
3 month increases from 0.82100% to 0.87858%
6 month increases from 0.88374% to 0.93858%
12 month increases from 1.01367% to 1.06358%

A huge spike in Singapore Interest rate and a down trend in FTSE ST Real Estate Investment Trust Index may scare off some investors. Base on the trend analysis from the stock chart, there are weakness in Hospitality and Commercial Trust, but Retail Mall and Healthcare are still holding well. The current correction of Singapore REITs present a good opportunity to pick up some fundamental strong REITs for long term passive income investing. Wait for the moment of “Movement in Sympathy” of REIT sell off when the interest rate hike and prepare for shopping list! The key question is which REIT to put into watchlist and When is the right time to buy.

Check out all Singapore REITs Chart Here.

Singapore REIT Fundamental Analysis Comparison Table – 1 July 2015

Post author:Marubozu
Post published:July 1, 2015

FTSE ST Real Estate Investment Trusts (FTSE ST REIT Index) decreases from 795.76 to 781.09 compare to last post on Singapore REIT Fundamental Comparison Table on June 1, 2015. The index has broken down from the 200D SMA support and trading below 20D/50D/200D SMA. Down trend has been started for Singapore REITs in general as “Lower Low, Lower High” chart pattern is formed. Immediate resistance at 785. Take note that the index has broken the Head and Shoulder neckline support. This is a trend reversal pattern.

Learn Stock Chart Pattern and Technical Analysis here.

FTSE ST REIT Index July1-2015

Price/NAV decreases from 1.05 to 1.03. (Singapore REIT in general slightly overvalue)
Distribution Yield increases from 6.48% to 6.61% (take note that this is lagging number)
Gearing Ratio remains at 34.08%
Most overvalue REIT is Parkway Life (Price/NAV = 1.37), followed by FIRST REIT (Price/NAV = 1.36). Both Healthcare REIT, Defensive in nature.
Most undervalue REIT is Fortune REIT (Price/NAV = 0.66), followed by OUE Commercial Trust (Price/NAV = 0.74).
Higher Distribution Yield is VIVA Industrial Trust (9.54%) followed by Lippo Mall Trust (8.66%). Note: High Distribution Yield does not mean it is safe REIT for investment. Don’t invest purely base on the Yield % because it is wrong thing to do without knowing the reasons.
Highest Gearing Ratio is Croesus Retail Trust (50.4%) followed by VIVI Industrial Trust (43.4%)

Grab an insight of the REIT class here 3 Tips To Increasing Returns On REITs Investments

Check out the very pragmatic and educational public seminar here “Investing in Singapore REIT“.

Singapore Interest Rate July1-2015 SIBOR July1-2015

Singapore Interest Rate increase from 0.22% to 0.39%.
1 month decreases from 0.70696% to 0.69688%
3 month decreases from 0.82955% to 0.82100%
6 month decreases from 0.88909% to 0.88374%
12 month decreases from 1.01839% to 1.01367%

We have finished the month of June but US Federal Reserve still has not increased the interest rate yet. Interest hike will affect the borrowing cost, it is time for all the Investors to review your current investment portfolio and debt profile. Plan the next step before the day comes because it will affect your investment and loan monthly installment. Take initiative to evaluate your current mortgage loan and work on Refinance Plan before the mortgage loan interest shot up even further.